AE Wealth Management LLC Has $18.45 Million Stock Position in SPDR Gold MiniShares Trust $GLDM

AE Wealth Management LLC grew its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 42.4% during the third quarter, Holdings Channel.com reports. The firm owned 241,337 shares of the company’s stock after acquiring an additional 71,845 shares during the quarter. AE Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $18,450,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in GLDM. Deane Retirement Strategies Inc. grew its position in SPDR Gold MiniShares Trust by 126.4% in the third quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock valued at $26,000 after purchasing an additional 187 shares in the last quarter. Mid American Wealth Advisory Group Inc. bought a new stake in SPDR Gold MiniShares Trust during the 2nd quarter worth about $31,000. Atlantic Union Bankshares Corp bought a new stake in SPDR Gold MiniShares Trust during the 2nd quarter worth about $31,000. Financial Consulate Inc. acquired a new position in shares of SPDR Gold MiniShares Trust during the 3rd quarter worth about $34,000. Finally, Family Legacy Financial Solutions LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the 3rd quarter worth about $36,000.

SPDR Gold MiniShares Trust Stock Up 0.3%

NYSEARCA:GLDM opened at $106.77 on Friday. The stock’s 50-day simple moving average is $88.39 and its 200 day simple moving average is $78.60. SPDR Gold MiniShares Trust has a 52-week low of $55.06 and a 52-week high of $109.74.

SPDR Gold MiniShares Trust News Roundup

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

• Positive Sentiment: Safe‑haven demand from renewed Iran tensions is supporting gold prices and ETF inflows, a tailwind for GLDM. Gold Rises Amid Ongoing Iran Tensions
• Positive Sentiment: Dollar weakness and growing expectations of Fed easing are helping push gold to record levels, which typically benefits gold ETFs like GLDM. Gold’s Glittering Run Pushes Prices Above $5,500
• Positive Sentiment: World Gold Council and industry commentary point to structural demand (central bank buying, portfolio reallocation to gold) — supports sustained ETF flows into GLDM. Gold Demand to Remain Strong as Investors Reassess Risk, WGC Says
• Positive Sentiment: Institutional allocations and ETF momentum are rising — Tether’s plan to allocate a material portion of its portfolio to physical gold and Benzinga’s note on ETFs hitting elite momentum both suggest further demand for GLDM. Tether CEO aims to allocate up to 15% of its portfolio to gold
• Neutral Sentiment: Strong gold price action is lifting mining stocks and dividends in the sector, which may attract capital away from ETFs periodically but also reflects the same bullish backdrop for GLDM. Endeavour confirms bumper dividend
• Negative Sentiment: Technical indicators and several analyst notes warn of a near‑term pullback or consolidation after rapid record highs — this raises short‑term volatility and the risk of outflows from GLDM. Gold (XAU/USD) Price Forecast: Volatility Signals Near-Term Pullback Risk
• Negative Sentiment: Commentary labeling the move as “blow‑off” or calling out profit‑taking episodes highlights the risk of a sharp short‑term correction in gold and therefore in GLDM. This Looks Like 1980: Gold and Silver Enter Blow-Off Madness

SPDR Gold MiniShares Trust Company Profile

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.